A Closer Look at the Geography of Venture Capital in the U.S.

February 23, 2016

Richard Florida

Competitiveness and Prosperity

Venture capital is the fuel that powers America’s innovation economy, propelling high-tech, high-growth companies from Apple to Uber. Suburban corporate campuses and office parks have long been the world’s leading centers for venture capital investment. But that is changing, according to research I have been conducting with my colleague Karen King and Martin Prosperity Institute research team.

Using new, more fine-grained data from Thomson Reuters, recently we were able to identify venture capital investments in startup companies across the U.S. in far greater detail than in previous studies. Today, I summarize the key findings of our latest report, which tracks venture capital investment and startup activity across U.S. metros.